Job description

Senior Regulatory Engagement and Policy Manager - Risk

Are you looking for a career that will unlock new opportunities? Join HSBC and experience the possibilities! Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency, geopolitical, operational, credit, pension, insurance, financial crime and regulatory compliance, market and reputation risks. All parts of the Global Risk team use their skills, insight and integrity to handle established threats and those they see emerging, acting to protect and enable HSBC to deliver sustainable growth.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

This role forms part of the Group Financial and Model Risk Regulatory Policy and Engagement team based in London. The jobholder is expected to work closely with GRA, Traded Risk and Treasury Risk Management teams providing regulatory engagement support and analysis on changes impacting HSBC’s activities.  A particular focus will be placed on supporting the regulatory book of work, including regulatory policy interpretations, PRA regulatory engagements and consultation responses covering Traded Risk and IRRBB.

Your responsibilities will include:

• Direct interaction with regulators and senior management on Traded Risk and IRRBB Policy and Engagement topics;
  
• Provide questions and feedback to Group and regional GRA and Traded Risk teams relating to policy, standards and documentation;
  
• Being key in managing frequent dialogue and regulatory requests on a number of different subjects;
  
• Work together with business experts from the GRA and Traded Risk teams and stakeholders to develop appropriate regulatory opinions, regulatory responses and policy solutions;
  
• Supporting the team with regulatory engagement initiatives covering a broad range of Traded Risk and IRRBB topics;
  
• Prepare regulatory submissions and responses to the regulator;
  
• Drafting policy interpretations and opinions.
  

Requirements

The ideal candidate for this role will have:

• Good policy experience and /or experience in market risk is essential;
  
• Good knowledge of the regulatory landscape particularly relating to Traded Risk, IRRBB or previous experience in a Regulatory Capital policy function is essential;
  
• Excellent written and spoken communication skills; an ability to communicate with impact, ensuring complex information is articulated in a meaningful way to a wide and varied audience is essential;
  
• Relevant working experience in a bank, rating agency, consultancy or advisory firm would be considered desirable;
  
• Experience of dealing with regulators is desirable;
  
• A proactive attitude with the desire to effect change is crucial;
  
• Some understanding of statistics and concepts of the risk modelling process would be advantageous;
  
• Ability to prioritise, lead, manage and successfully deliver within the agreed time scale, in liaison with all relevant stakeholders: model owners, business, finance, senior management and regulator is essential;
  
• Flexibility to work with colleagues and key stakeholders in an international team.
  

The base location for this role is 8 Canada Square, London.

You’ll achieve more when you join HSBC.

At HSBC, we look to enable our employees to better balance their work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, and working from home and staggered hours. If in considering a role with HSBC, you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies.